https://www.taxtmi.com/news?id=60950 The domestic currency weakened due to a stronger US dollar, higher crude oil prices, risk-off global sentiment and weakness in domestic equity markets; foreign institutional investor selling intensified the pressure while reported dollar sales by state-run banks cushioned losses. Analysts expect a mild negative bias to the currency, with importer demand and global market worries weighing on the rupee, and potential central bank intervention able to support it at lower levels. en-us Fri, 07 Nov 2025 16:01:04 +0530 Fri, 07 Nov 2025 16:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=60950 The domestic currency weakened due to a stronger US dollar, higher crude oil prices, risk-off global sentiment and weakness in domestic equity markets; foreign institutional investor selling intensified the pressure while reported dollar sales by state-run banks cushioned losses. Analysts expect a mild negative bias to the currency, with importer demand and global market worries weighing on the rupee, and potential central bank intervention able to support it at lower levels. News - Fri, 07 Nov 2025 16:01:04 +0530 https://www.taxtmi.com/news?id=60950